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The American Idea

The American Idea

Money and Politics: The National Bank, the Federal Reserve, and America’s Finances

Oct 7, 2026 · 35m

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On this episode

About this episode

We hear a lot about “The Fed,” interest rates, and America’s staggering national debt. But what do they each mean, how are they related, and how do they impact each of us today and in the future? Jeff discusses these seemingly complicated issues in clear terms with John Popeo of the Gallatin Group, unpacking how America created a national bank, how federal borrowing works, and the connection between taxing, spending, and borrowing shape our country’s economy and our individual possibilities and plans. Host: Jeff Sikkenga Executive Producer: Jeremy Gypton Subscribe: https://linktr.ee/theamericanidea Homepage: https://ashbrook.org/the-american-idea-podcast/ Thank you for being part of The…